Etsy Inc (ETSY)

Inventory turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cost of revenue (ttm)	US$ in thousands	774,554	812,620	815,807	820,355	828,675	798,693	784,267	767,050	744,592	727,783	707,042	684,590	654,512	596,326	562,834	525,246	464,745	404,789	353,570	300,794
Inventory	US$ in thousands	—	—	—	—	0	—	—	0	0	—	0	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $774,554K ÷ $—K
= —

Based on the provided data, Etsy Inc's inventory turnover ratio is not available for the period from March 31, 2020, to December 31, 2024. The inventory turnover ratio is a key efficiency ratio that measures how many times a company's inventory is sold and replaced over a specific period.

The absence of specific inventory turnover figures for Etsy Inc indicates a lack of visibility into the company's inventory management efficiency during the stated period. A high inventory turnover ratio generally indicates that a company is effectively managing its inventory by quickly selling and replacing goods, leading to lower carrying costs and potentially higher profits. Conversely, a low inventory turnover ratio may suggest overstocking or slow sales, which could lead to increased holding costs and risk of obsolescence.

Without the actual figures for Etsy Inc's inventory turnover, it is challenging to assess the company's inventory management performance accurately. In order to evaluate the efficiency of inventory turnover, it would be necessary to obtain the relevant financial data for these periods to calculate the ratio and compare it with industry benchmarks or historical trends.